MARTIN MIDSTREAM PARTNERS LP 4
4 · MARTIN MIDSTREAM PARTNERS LP · Filed Nov 29, 2011
Insider Transaction Report
Form 4
MARTIN RESOURCE MANAGEMENT CORP
10% Owner
Transactions
- Conversion
Common Units
2011-11-25+889,444→ 6,593,267 total(indirect: See Footnote) - Conversion
Subordinated Class B Units
2011-11-25−889,444→ 0 total(indirect: See Footnote)From: 2011-11-25→ Common Units (889,444 underlying)
Footnotes (2)
- [F1]Represents the conversion of 889,444 Subordinated Class B Units of Martin Midstream Partners LP, which were held by Cross Oil Refining & Marketing, Inc. ("Cross") and converted into Common Units on a one-to-one basis upon the exercise date as set forth in the Second Amended and Restated Agreement of Limited Partnership of Martin Midstream Partners LP. The Subordinated Class B Units had no expiration date.
- [F2]Martin Resource Management Corporation is the sole member of Martin Resource LLC ("Resource") and Cross and may be deemed to be the beneficial owner of common units held by such entities. As of November 25, 2011, Cross owns 889,444 Common Units and Resource owns 5,703,823 Common Units.